1716 BOW RIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $403,090 and $601,289, with a best estimate of $564,990. That places the property above the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$564,990
$511,029
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $403,090 and $601,289. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$185,727 for 573 sqft less living space and -$12,563 for being older. Net adjustment: -$198,290.
Adjusted +$49,592 for 153 sqft more living space and -$31,408 for being older. Net adjustment: +$18,184.
Adjusted +$122,845 for 379 sqft more living space and -$31,408 for being older. Net adjustment: +$91,437.
Adjusted -$112,473 for 347 sqft less living space and -$43,971 for being older. Net adjustment: -$156,444.
Adjusted +$648 for 2 sqft more living space and -$75,378 for being older. Net adjustment: -$74,730.
The Neighborhood
This home is valued 3.0% above the L330590G - Cypress Bend Sec 1 median of $496,124. With 1,281 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is +3.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,511 across all districts. With a homestead exemption claimed, that drops to $7,895 — saving $1,616 per year. That's $658 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,554 |
| Williamson County | County | 0.3694% | $1,888 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,226 |
| Austin Community College | special | 0.1034% | $528 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,511 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $564,990 would pay approximately $3,527 per month (principal and interest only, excluding taxes and insurance).